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California’s delay in finalising changes to its cap-and-trade scheme could affect the linkage timeline between existing WCI partners and Washington, panellists said at a conference Tuesday.

British firm in the vanguard of companies arguing SMRs are a quicker and cheaper option than large Hinkley-sized plants

The Hinkley Point C power plant in Somerset is gargantuan. The 176-hectare (435-acre) plant will provide 3.2 gigawatts of power, enough for 6m homes. It is not just the project that is huge: the cost is as well. With a price tag that has ballooned to a reported £48bn, and delayed by at least five years, it has become a symbol of the pitfalls of nuclear power.

But a clutch of companies argue they have a quicker, cheaper option than large Hinkley-sized plants in the form of small modular reactors (SMRs), which can be built in a factory and then slotted together on site.

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State agencies are expected to design New York's ETS without provisions for carbon offsets that may allow participants to increase emissions, an analyst said at a conference on Tuesday.

The year 2024 was the world’s warmest on record globally, and the first calendar year in which global temperatures exceeded 1.5°C above its pre-industrial levels.

The post As Los Angeles burns, 2024 is declared Earth’s hottest on record appeared first on RenewEconomy.

Pigs, donkeys and even a mini cow named Cuddles found a temporary home after the LA fires.

Pigs, donkeys and even a mini cow named Cuddles found a temporary home after the LA fires.

Project Green Poly must be approved by the environment minister to go ahead.

The post Quinbrook backed “green” polysilicon plant must pass federal green test first appeared first on RenewEconomy.

New modelling corrects "three huge mistakes" underpinning traditional solar PV projections and smashes the myth that global energy decarbonisation will cripple the economy.

The post It’s the S-Curve, stupid: New model predicts half of world’s energy will come from solar by 2035 appeared first on RenewEconomy.

Taiwan is planning to accelerate the construction work for a planned emissions trading scheme (ETS), which could be launched as early as 2026, according to local media reports.

The upcoming gubernatorial race in New Jersey this year – followed by numerous similar elections in 2026 – raises uncertainty regarding RGGI members’ ongoing participation in the Northeast carbon market, panellists said at a conference Tuesday.

Global carbon pricing measures must strike the right balance between unilateral and multilateral measures to be fair and effective, and encourage incremental progress, analysis from the World Economic Forum (WEF) published Tuesday said.

The UK led the way in this field of science until recently - but now other countries have overtaken. So, how can that lead be recovered?

The UK led the way in this field of science until recently - but now other countries have overtaken. So, how can that lead be recovered?

Led by CO2 abatement in the electricity sector, Canada achieved a 0.8% total reduction in emissions in 2023, which potentially put the country off-track from meeting its 2030 targets, a report said Tuesday.

California’s carbon market watchdog proposed several options on Tuesday to revise the design of compliance instruments under the state’s cap-and-trade programme, including potential changes to offsets and allocation of allowances.

Two new subnational Mexican carbon taxes went into effect this month after appearing in official records for Mexico City (CDMX) and Morelos State in the final days of 2024.

The US DOE announced Tuesday another tranche of $101 million in federal funding to support development and deployment of technologies to capture CO2 emissions from industrial operations and power generation.

Greener production of steel and key battery ingredients has been targeted in a major funding round spread across three separate decarbonisation projects in the West.

The post Greener steel, lithium and graphite the focus in new state government funding round appeared first on RenewEconomy.

Labor and the coalition are sharpening their political attacks as party leaders heat up the energy debate during visits to key electorates.

The post Nationals take nuclear pitch to coal-rich Hunter region as energy dominates early campaigning appeared first on RenewEconomy.

A huge solar farm and four-hour battery project proposed for the North Burnett Region near Gladstone in Queensland is seeking federal environmental approval.

The post Massive solar and four-hour big battery project joins queue for federal green tick appeared first on RenewEconomy.